North Dakota Invests in State Stablecoin with Fiserv Partnership

North Dakota is making strides in the world of digital finance by partnering with Fiserv to launch its first state-backed stablecoin called the Roughrider coin. This move marks a significant step towards integrating regulated digital currency into U.S. banking systems. 🤝 🏛️ The initiative, backed by state leadership and the Bank of North Dakota (BND), aims to enhance efficiency and stability within existing banking infrastructures. While the Roughrider coin is expected to benefit residents through faster transactions, it’s important to note that its impact on major cryptocurrencies like Bitcoin or Ethereum currently remains minimal.